Invesco Emerging Markets Local Debt Fund
Name
As of 09/06/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
1.3%
1 yr return
7.7%
3 Yr Avg Return
0.0%
5 Yr Avg Return
0.7%
Net Assets
$97 M
Holdings in Top 10
36.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.11%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 09/06/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
OEMIX - Profile
Distributions
- YTD Total Return 1.3%
- 3 Yr Annualized Total Return 0.0%
- 5 Yr Annualized Total Return 0.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 4.70%
- Dividend Yield 6.6%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameInvesco Emerging Markets Local Debt Fund
-
Fund Family NameOppenheimerFunds
-
Inception DateSep 28, 2012
-
Shares OutstandingN/A
-
Share ClassR6
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerHemant Baijal
Fund Description
OEMIX - Performance
Return Ranking - Trailing
Period | OEMIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.3% | -2.9% | 11.2% | 95.95% |
1 Yr | 7.7% | -0.7% | 21.5% | 94.93% |
3 Yr | 0.0%* | -13.4% | 4.5% | 37.41% |
5 Yr | 0.7%* | -9.2% | 6.1% | 63.37% |
10 Yr | 0.9%* | -5.8% | 5.0% | 62.01% |
* Annualized
Return Ranking - Calendar
Period | OEMIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 7.4% | -10.6% | 17.8% | 17.51% |
2022 | -13.6% | -29.1% | -2.4% | 12.89% |
2021 | -14.0% | -24.0% | 2.7% | 94.70% |
2020 | 0.4% | -14.0% | 9.7% | 54.38% |
2019 | 7.5% | -6.4% | 13.0% | 65.19% |
Total Return Ranking - Trailing
Period | OEMIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.3% | -2.9% | 11.2% | 95.95% |
1 Yr | 7.7% | -0.7% | 21.5% | 94.93% |
3 Yr | 0.0%* | -13.4% | 4.5% | 37.41% |
5 Yr | 0.7%* | -9.2% | 6.1% | 63.37% |
10 Yr | 0.9%* | -5.8% | 5.0% | 62.01% |
* Annualized
Total Return Ranking - Calendar
Period | OEMIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 14.8% | -0.6% | 20.0% | 6.73% |
2022 | -8.4% | -27.6% | -1.7% | 8.71% |
2021 | -9.8% | -18.5% | 7.4% | 93.29% |
2020 | 4.7% | -7.8% | 18.0% | 58.76% |
2019 | 14.5% | -3.0% | 23.0% | 29.26% |
NAV & Total Return History
OEMIX - Holdings
Concentration Analysis
OEMIX | Category Low | Category High | OEMIX % Rank | |
---|---|---|---|---|
Net Assets | 97 M | 565 K | 14.8 B | 62.96% |
Number of Holdings | 321 | 4 | 1813 | 41.75% |
Net Assets in Top 10 | 32.9 M | -134 M | 1.32 B | 52.86% |
Weighting of Top 10 | 36.94% | 5.6% | 102.2% | 11.22% |
Top 10 Holdings
- Colombian TES 6.03%
- Colombian TES, Series B 4.86%
- Republic of Poland Government Bond 4.41%
- Mexican Bonos 3.95%
- Peru Government Bond 3.82%
- Indonesia Treasury Bond, Series FR96 3.10%
- Brazil Notas do Tesouro Nacional, Class NTNF 2.84%
- India Government Bond 2.71%
- Republic of South Africa Government Bond 2.63%
- Malaysia Government Bond, Series 219 2.60%
Asset Allocation
Weighting | Return Low | Return High | OEMIX % Rank | |
---|---|---|---|---|
Bonds | 89.67% | 0.00% | 105.61% | 81.48% |
Cash | 11.29% | 0.00% | 25.03% | 20.20% |
Stocks | 0.00% | -0.01% | 96.53% | 48.82% |
Preferred Stocks | 0.00% | 0.00% | 2.76% | 24.58% |
Convertible Bonds | 0.00% | 0.00% | 8.47% | 68.37% |
Other | -0.96% | -13.89% | 86.73% | 91.25% |
Bond Sector Breakdown
Weighting | Return Low | Return High | OEMIX % Rank | |
---|---|---|---|---|
Government | 41.10% | 0.00% | 99.79% | 79.59% |
Cash & Equivalents | 5.64% | 0.00% | 23.23% | 30.98% |
Corporate | 1.36% | 0.00% | 91.26% | 90.48% |
Securitized | 0.07% | 0.00% | 2.41% | 12.93% |
Municipal | 0.00% | 0.00% | 0.00% | 20.75% |
Derivative | -0.96% | -3.00% | 7.35% | 90.57% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | OEMIX % Rank | |
---|---|---|---|---|
Non US | 89.54% | 0.00% | 132.49% | 11.78% |
US | 0.13% | -42.31% | 101.21% | 92.59% |
OEMIX - Expenses
Operational Fees
OEMIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.11% | 0.02% | 32.92% | 58.78% |
Management Fee | 0.69% | 0.00% | 1.10% | 45.12% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.02% | 0.65% | N/A |
Sales Fees
OEMIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.75% | 5.75% | 30.51% |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
OEMIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.75% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
OEMIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 218.00% | 23.40% |
OEMIX - Distributions
Dividend Yield Analysis
OEMIX | Category Low | Category High | OEMIX % Rank | |
---|---|---|---|---|
Dividend Yield | 6.58% | 0.00% | 22.22% | 78.11% |
Dividend Distribution Analysis
OEMIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Quarterly | Monthly | Quarterly |
Net Income Ratio Analysis
OEMIX | Category Low | Category High | OEMIX % Rank | |
---|---|---|---|---|
Net Income Ratio | 4.70% | -2.28% | 8.00% | 22.07% |
Capital Gain Distribution Analysis
OEMIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Aug 30, 2024 | $0.030 | OrdinaryDividend |
Jul 31, 2024 | $0.030 | OrdinaryDividend |
Apr 30, 2024 | $0.030 | OrdinaryDividend |
Mar 28, 2024 | $0.030 | OrdinaryDividend |
Feb 29, 2024 | $0.030 | OrdinaryDividend |
Jan 31, 2024 | $0.029 | OrdinaryDividend |
Dec 29, 2023 | $0.029 | OrdinaryDividend |
Nov 30, 2023 | $0.029 | OrdinaryDividend |
Oct 31, 2023 | $0.029 | OrdinaryDividend |
Sep 29, 2023 | $0.029 | OrdinaryDividend |
Aug 31, 2023 | $0.029 | OrdinaryDividend |
Jul 31, 2023 | $0.029 | OrdinaryDividend |
Jun 30, 2023 | $0.028 | OrdinaryDividend |
May 31, 2023 | $0.028 | OrdinaryDividend |
Apr 28, 2023 | $0.027 | OrdinaryDividend |
Mar 31, 2023 | $0.028 | OrdinaryDividend |
Feb 28, 2023 | $0.027 | OrdinaryDividend |
Jan 31, 2023 | $0.028 | OrdinaryDividend |
Dec 30, 2022 | $0.027 | OrdinaryDividend |
Nov 30, 2022 | $0.027 | OrdinaryDividend |
Oct 31, 2022 | $0.024 | ReturnOfCapital |
Sep 30, 2022 | $0.024 | ReturnOfCapital |
Aug 31, 2022 | $0.024 | ReturnOfCapital |
Jul 29, 2022 | $0.024 | ReturnOfCapital |
Jun 30, 2022 | $0.024 | ReturnOfCapital |
May 31, 2022 | $0.024 | ReturnOfCapital |
Apr 29, 2022 | $0.024 | ReturnOfCapital |
Mar 31, 2022 | $0.024 | ReturnOfCapital |
Feb 28, 2022 | $0.024 | ReturnOfCapital |
Jan 31, 2022 | $0.024 | ReturnOfCapital |
Dec 31, 2021 | $0.024 | OrdinaryDividend |
Nov 30, 2021 | $0.024 | OrdinaryDividend |
Oct 29, 2021 | $0.021 | ReturnOfCapital |
Oct 29, 2021 | $0.003 | OrdinaryDividend |
Sep 30, 2021 | $0.021 | ReturnOfCapital |
Sep 30, 2021 | $0.003 | OrdinaryDividend |
Aug 31, 2021 | $0.021 | ReturnOfCapital |
Aug 31, 2021 | $0.003 | OrdinaryDividend |
Jul 30, 2021 | $0.021 | ReturnOfCapital |
Jul 30, 2021 | $0.003 | OrdinaryDividend |
Jun 30, 2021 | $0.021 | ReturnOfCapital |
Jun 30, 2021 | $0.003 | OrdinaryDividend |
May 28, 2021 | $0.021 | ReturnOfCapital |
May 28, 2021 | $0.003 | OrdinaryDividend |
Apr 30, 2021 | $0.021 | ReturnOfCapital |
Apr 30, 2021 | $0.003 | OrdinaryDividend |
Mar 31, 2021 | $0.021 | ReturnOfCapital |
Mar 31, 2021 | $0.003 | OrdinaryDividend |
Feb 26, 2021 | $0.019 | ReturnOfCapital |
Feb 26, 2021 | $0.003 | OrdinaryDividend |
Jan 29, 2021 | $0.019 | ReturnOfCapital |
Jan 29, 2021 | $0.003 | OrdinaryDividend |
Dec 31, 2020 | $0.022 | OrdinaryDividend |
Nov 30, 2020 | $0.015 | OrdinaryDividend |
Oct 30, 2020 | $0.015 | ReturnOfCapital |
Sep 30, 2020 | $0.014 | ReturnOfCapital |
Aug 31, 2020 | $0.015 | ReturnOfCapital |
Jul 31, 2020 | $0.016 | ReturnOfCapital |
Jun 30, 2020 | $0.015 | ReturnOfCapital |
May 29, 2020 | $0.014 | ReturnOfCapital |
Apr 30, 2020 | $0.018 | ReturnOfCapital |
Mar 31, 2020 | $0.038 | ReturnOfCapital |
Feb 28, 2020 | $0.032 | ReturnOfCapital |
Jan 31, 2020 | $0.028 | ReturnOfCapital |
Dec 31, 2019 | $0.029 | OrdinaryDividend |
Nov 29, 2019 | $0.031 | OrdinaryDividend |
Oct 31, 2019 | $0.030 | OrdinaryDividend |
Sep 30, 2019 | $0.031 | OrdinaryDividend |
Aug 30, 2019 | $0.035 | OrdinaryDividend |
Jul 31, 2019 | $0.034 | OrdinaryDividend |
Dec 31, 2013 | $0.151 | CapitalGainLongTerm |
OEMIX - Fund Manager Analysis
Managers
Hemant Baijal
Start Date
Tenure
Tenure Rank
Mar 31, 2015
7.17
7.2%
Hemant Baijal (lead manager), Portfolio Manager, who has been responsible for the Fund since 2019 and has been associated with Invesco and/or its affiliates since 2019. Prior to the commencement of the Fund’s operations, Mr. Baijal managed the predecessor fund since 2018 and was associated with OppenheimerFunds, a global asset management firm, since 2011. Hemant Baijal leads the Global Fixed Income team. He is the lead portfolio manager at Oppenheimer. Prior to joining the firm, Hemant co-founded Six Seasons Global Asset Management, where he served as partner and portfolio manager with a focus on fixed income macro strategies. Before his role at Six Seasons, he was a partner and portfolio manager at Aravali Partners, LLC., where he focused on absolute return and interest rate hedging strategies. Previously, Hemant was a partner and portfolio manager at Havell Capital Management, LLC., where he focused on fixed income macro and relative value strategies. Earlier in his career, Hemant was a senior portfolio manager for international, global and multi-sector fixed income portfolios at Neuberger Berman. He has also held positions at Banca Di Roma, The First Boston Corporation and Merrill Lynch and Co. Hemant holds a B.A. from the University of Delhi and his M.B.A. from Columbia University.
Wim Vandenhoeck
Start Date
Tenure
Tenure Rank
Sep 28, 2016
5.67
5.7%
Wim Vandenhoeck, Portfolio Manager, who has been associated with Invesco and/or its affiliates since 2019 . Prior to joining the firm, Mr. Vandenhoeck was an Portfolio Manager with the Global Debt team in OppenheimerFunds Inc. since 2015, principally conducting interest rate and foreign currency analysis in emerging markets. Prior to that, Wim was a partner at APQ Partners LLP, an emerging markets investment adviser based out of London. Prior to that, he was an asset manager at GLG Partners LP in London, where he focused on emerging market fixed income strategies. Before GLG, he was a partner at Six Seasons Global Asset Management LLC, Aravali Partners LLC and Havell Capital Management LLC, all in New York, mainly managing fixed income macro strategies, often with a focus on emerging markets. Earlier in his career, he has held positions at Bank Brussels Lambert and Paribas Bank. Wim is also a frequent speaker on the topics of uncovering emerging market fixed income opportunities and analyzing the risk within. Wim holds a B.A. from Katholiek Universiteit Leuven and his M.B.A. from Cornell University.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 23.87 | 6.48 | 6.11 |